Nigeria, May 7 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are.

There are encouraging indications of recovery following U.S. President Donald Trump's destruction, or at least fragmentation, of international supply chains and trade ties. The nation is "very close to some deals," U.S. Treasury Secretary Scott Bessent told CNBC on Monday.

A tense bilateral relationship since January may be resolved when newly elected Canadian Prime Minister Mark Carney meets Trump at the White House on Tuesday. Additionally, Bessent will meet with Chinese Vice Premier He Lifeng this week in Switzerland to discuss trade.

Once...